Market Overview:
The global inguinal hernia prosthesis market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of inguinal hernias, rising awareness about surgical treatment options for inguinal hernias, and technological advancements in the field of prosthetic devices. Based on type, the global inguinal hernia prosthesis market is segmented into polypropylene, polyester, expanded PTFE, and others. Polypropylene-based devices are expected to dominate the market during the forecast period owing to their high durability and resistance to wear and tear. Based on application, the global inguinal hernia prosthesis market is segmented into hospitals, clinics, care centers, and others. Hospitals are expected to account for a major share of this market during the forecast period owing to increasing demand for surgical procedures for treating various types of hernias.
Product Definition:
An inguinal hernia prosthesis is a device used to treat an inguinal hernia, which is a bulge or protrusion of tissue through the abdominal wall in the groin area. The prosthesis is inserted into the opening in the abdominal wall where the hernia occurs and helps to keep the tissues in place, preventing them from protruding through again.
Polypropylene:
Polypropylene (PP) is a widely used synthetic polymer with high chemical and mechanical properties. It is resistant to most solvents, acids, and bases. PP has good abrasion resistance and tensile strength making it suitable for applications where durability is important such as surgical instruments or prosthetic devices.
Inguinal hernia results in weak abdominal wall muscles due to which the abdomen bulges out into a protuberance known as the inguinal cavity.
Polyester:
Polyester is a synthetic fiber that is manufactured by the polymerization of ethylene. It has high strength, low weight, and excellent resistance to chemicals & abrasion. Polyester offers high tensile strength and good elasticity compared to nylon. The material also has a better surface finish than most other synthetic fibers available in the market today making it suitable for use in surgical products such as prosthetic ileostomy bags & pouches as well as wound dressings & covers.
Application Insights:
The global inguinal hernia prosthesis market by application is segmented into hospital, clinic, care center and others. The hospital segment dominated the overall application market in 2017 due to increasing number of surgical procedures for inguinal hernia repair and other associated conditions. In addition, a rising number of hospitals & healthcare centers coupled with increasing government funding towards the development of these facilities is anticipated to boost product demand over the forecast period.
The clinic segment is expected to witness lucrative growth during the forecast period owing to an increase in female reproductive organ disorders that require a laparoscopic inguinal hernia repair as an outpatient surgery without admission or stay at a hospital overnight. A growing trend towards minimally invasive surgeries with lesser postoperative pain & trauma along with high success rates has boosted demand for this procedure resulting in increased adoption across clinics worldwide.
Regional Analysis:
North America dominated the global inguinal hernia prosthesis market with a revenue share of 45.2% in 2017. This is attributed to increasing incidences of obesity and rising geriatric population, which increases the risk of developing this condition. Moreover, quick adoption of technologically advanced products for treatment options leads to higher share held by North America region over the forecast period.
Asia Pacific is expected to be one of the fastest-growing regions owing to increasing cases diagnosed above 65 years age group and rising healthcare expenditure in countries like India.
Growth Factors:
- Increasing geriatric population: The global geriatric population is increasing at a rapid pace. This is expected to drive the demand for hernia prosthesis in the coming years.
- Rising incidence of hernias: Hernia is a common medical condition, which affects people of all age groups. This is expected to boost the demand for hernia prosthesis in the near future.
- Technological advancements: The manufacturers are constantly investing in R&D to develop new and innovative products that can cater to the needs of patients suffering from inguinal hernia. This is likely to propel the growth of Inguinal Hernia Prosthesis market in years to come.
Scope Of The Report
Report Attributes
Report Details
Report Title
Inguinal Hernia Prosthesis Market Research Report
By Type
Polypropylene, Polyester, Expanded PTFE, Others
By Application
Hospital, Clinic, Care Center, Others
By Companies
B. Braun, Cousin Biotech, THT BIO-SCIENCE, BioCer Entwicklungs, Gore, Purple Surgical, DemeTECH, Dipromed, FEG Textiltechnik
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global Inguinal Hernia Prosthesis Market Report Segments:
The global Inguinal Hernia Prosthesis market is segmented on the basis of:
Types
Polypropylene, Polyester, Expanded PTFE, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Care Center, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- B. Braun
- Cousin Biotech
- THT BIO-SCIENCE
- BioCer Entwicklungs
- Gore
- Purple Surgical
- DemeTECH
- Dipromed
- FEG Textiltechnik
Highlights of The Inguinal Hernia Prosthesis Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polypropylene
- Polyester
- Expanded PTFE
- Others
- By Application:
- Hospital
- Clinic
- Care Center
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Inguinal Hernia Prosthesis Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The inguinal hernia prosthesis is a device that is inserted into the inguinal canal to help support and protect the abdominal wall. The prosthesis helps to keep the abdominal wall in place, which can reduce pain and improve mobility.
Some of the major companies in the inguinal hernia prosthesis market are B. Braun, Cousin Biotech, THT BIO-SCIENCE, BioCer Entwicklungs, Gore, Purple Surgical, DemeTECH, Dipromed, FEG Textiltechnik.
The inguinal hernia prosthesis market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Inguinal Hernia Prosthesis Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Inguinal Hernia Prosthesis Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Inguinal Hernia Prosthesis Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Inguinal Hernia Prosthesis Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Inguinal Hernia Prosthesis Market Size & Forecast, 2020-2028
4.5.1 Inguinal Hernia Prosthesis Market Size and Y-o-Y Growth
4.5.2 Inguinal Hernia Prosthesis Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Polypropylene
5.2.2 Polyester
5.2.3 Expanded PTFE
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Care Center
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Inguinal Hernia Prosthesis Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Inguinal Hernia Prosthesis Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Polypropylene
9.6.2 Polyester
9.6.3 Expanded PTFE
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Care Center
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Polypropylene
10.6.2 Polyester
10.6.3 Expanded PTFE
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Care Center
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Polypropylene
11.6.2 Polyester
11.6.3 Expanded PTFE
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Care Center
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Polypropylene
12.6.2 Polyester
12.6.3 Expanded PTFE
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Care Center
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Polypropylene
13.6.2 Polyester
13.6.3 Expanded PTFE
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Care Center
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Inguinal Hernia Prosthesis Market: Competitive Dashboard
14.2 Global Inguinal Hernia Prosthesis Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 B. Braun
14.3.2 Cousin Biotech
14.3.3 THT BIO-SCIENCE
14.3.4 BioCer Entwicklungs
14.3.5 Gore
14.3.6 Purple Surgical
14.3.7 DemeTECH
14.3.8 Dipromed
14.3.9 FEG Textiltechnik
